Tamil Nadu Newsprint & Papers reports standalone net loss of Rs 3.93 crore in the March 2021 quarter

Sales rise 24.88% to Rs 1116.46 crore

Net loss of Tamil Nadu Newsprint & Papers reported to Rs 3.93 crore in the quarter ended March 2021 as against net profit of Rs 1.84 crore during the previous quarter ended March 2020. Sales rose 24.88% to Rs 1116.46 crore in the quarter ended March 2021 as against Rs 894.06 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 65.11 crore in the year ended March 2021 as against net profit of Rs 130.03 crore during the previous year ended March 2020. Sales declined 20.23% to Rs 2742.03 crore in the year ended March 2021 as against Rs 3437.60 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1116.46894.06 25 2742.033437.60 -20 OPM %7.4512.25 -9.5017.69 - PBDT55.0861.44 -10 117.98422.98 -72 PBT-5.003.09 PL -117.35191.74 PL NP-3.931.84 PL -65.11130.03 PL

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